Many Theaters Sell Empty Seats at a Deep Discount Just

question 58

Multiple Choice

Many theaters sell empty seats at a deep discount just before show time. What economic concept is displayed by this behavior?

• A) Consumer demand
• B) Sunk costs
• C) Price optimization
• D) Thinking at the margin

---

Definitions:

Prenatal Development

The process of growth and development within the womb from conception to birth.

Uterus

A female reproductive organ where fetal development occurs during pregnancy.

Germinal Period

First 2 weeks after fertilization, during which the zygote moves down to the uterus and begins to implant in the lining.

Fertilization

The process of a sperm cell uniting with an egg cell, leading to the creation of a zygote and the initiation of pregnancy.